Glencore may move on if Xstrata bid blocked -UPDATE

Falling commodity prices took their toll on Glencore's bottom line in the first half of 2012, as the ongoing Eurozone crisis dampened risk appetite across the globe.

Falling commodity prices took their toll on Glencore's bottom line in the first half of 2012, as the ongoing Eurozone crisis dampened risk appetite across the globe.

The commodities producer and marketer said that prices in many key own produced commodities fell between 14% and 28% year-on-year (y/y) in the six months to June 30th. While it admitted that the first half "contrasted markedly" with the same period last year, earnings figures were still "respectable".

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